With a capital gain of -3.37% for the last 12 months, Cammeray, 2062 has performed for property investments than its average annual 6.22% property growth over the last 5 years.
A 48.07% growth in median value for property investors in Cammeray,2062 puts this suburb at number 1336th in terms of best performing suburbs in NSW
With the median price for a house in Cammeray being $2222500 and the advertised rent reaching $1150 the gross rental yield for property investors calculates out to be 2.69%
At number 852th in the list of Australian suburbs ordered by increase in median house value over the last year, Cammeray, 2062 is in the top half with a property value increase of 1.04% recorded in median house prices.
If we look at median property appreciation over just the last three months, Cammeray has given property investors a paper return of -1.42%. This puts Suburb as 410 on a list of fastest fasting appreciating suburbs in NSW
Cammeray is 600th on a list of best yielding suburbs for rents in NSW with a 2.70% return
A suburb with a premium location just 5km from the Sydney CBD, Cammeray is experiencing rising unit stock, as the number of apartments listed increased from only 6 to 20 over the past 12 months leading up to November 2017Full summary
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Units dominate the market
Median unit price: $1,058,750
Stock on market: 115.4%
12-month growth: 18.3%
A suburb with a premium location just 5km from the Sydney CBD, Cammeray is experiencing rising unit stock, as the number of apartments listed increased from only 6 to 20 over the past 12 months leading up to November 2017.
The suburb overlooks the water, and is well-stocked with sought-after amenities including restaurants, cafes and a couple of shopping hubs, namely Green Park and Stockland Cammeray. The latter is home to the Harris Farm Markets. There are also several schools here, including Cammeray Public School and Anzac Park Public School, both of which offer primary education. Cammeray Children’s Centre acts as preschool and a childcare centre.
Cammeray is highly accessible thanks in part to the Long Gully Bridge, which links to suburbs in the north.Close